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Economy of Mauritania vs Uruguay compared: GDP & Debt

Updated on by Georank team

Mauritania has a GDP of $10.9B compared to $81B for Uruguay, ranking 153/197 and 81/197 by economy size, respectively.

Mauritania has $4.67B in government debt (42.8% of GDP), compared to $55.6B (68.7% of GDP) in Uruguay.

Mauritania vs Uruguay GDP by year

Mauritania
Uruguay
1x
Year GDP, current $
Mauritania Uruguay
2024 $10,908,045,687 $80,961,511,074
2023 $10,726,838,461 $77,991,666,838
2022 $9,557,966,698 $70,594,110,920
2021 $9,222,536,364 $60,739,084,241
2020 $8,260,752,385 $53,559,359,262
2019 $7,894,764,886 $62,222,313,619
2018 $7,473,550,557 $65,344,577,416
2017 $6,800,135,898 $65,005,997,963
2016 $6,398,747,592 $57,480,787,465
2015 $6,166,863,897 $57,680,327,999
2014 $6,592,537,782 $61,496,186,974
2013 $7,223,071,097 $61,337,621,934
2012 $6,728,208,836 $54,232,266,359
2011 $6,764,627,746 $50,342,406,067
2010 $5,628,878,798 $41,950,361,212
2009 $4,714,595,548 $32,708,319,078
2008 $5,206,437,194 $31,119,602,539
2007 $4,346,212,355 $23,797,773,024
2006 $3,919,577,286 $19,741,420,740
2005 $2,936,019,526 $17,362,857,684
2004 $2,362,501,023 $13,686,329,890
2003 $2,051,147,607 $12,045,638,352
2002 $1,777,057,481 $13,606,515,723
2001 $1,746,063,558 $20,898,761,742
2000 $1,779,520,886 $22,823,270,892
1999 $1,985,922,776 $23,983,945,191
1998 $2,032,347,665 $25,385,886,978
1997 $2,071,996,564 $23,969,739,234
1996 $2,132,087,009 $20,515,458,114
1995 $2,091,726,101 $19,297,663,097
1994 $1,944,876,755 $17,474,588,896
1993 $1,847,353,211 $15,002,136,971
1992 $2,164,298,425 $12,878,148,791
1991 $2,133,692,697 $11,206,176,651
1990 $1,506,914,408 $9,298,807,850
1989 $1,450,647,019 $8,438,951,476
1988 $1,414,951,290 $8,213,538,369
1987 $1,344,664,725 $7,367,494,080
1986 $1,186,628,778 $5,880,112,788
1985 $1,009,723,326 $4,732,017,873
1984 $1,074,373,230 $4,850,238,550
1983 $1,165,171,263 $5,102,276,308
1982 $1,108,776,653 $9,178,780,077
1981 $1,105,494,682 $11,048,301,421
1980 $1,047,925,106 $10,163,020,116
1979 $951,900,945 $7,181,182,224
1978 $804,629,877 $4,910,254,566
1977 $799,030,017 $4,114,670,014
1976 $775,045,517 $3,667,161,241
1975 $703,377,837 $3,538,278,047
1974 $613,010,553 $4,090,209,682
1973 $493,237,876 $3,964,296,443
1972 $391,669,449 $2,189,418,689
1971 $335,568,907 $2,807,258,065
1970 $309,405,316 $2,137,096,774
1969 $295,062,308 $2,004,435,484
1968 $311,395,937 $1,593,674,185
1967 $282,615,310 $1,597,713,469
1966 $266,533,605 $1,809,185,094
1965 $255,340,475 $1,890,767,156
1964 $224,495,744 $1,975,701,816
1963 $168,186,297 $1,539,681,491
1962 $164,271,558 $1,710,004,407
1961 $159,213,430 $1,547,388,781
1960 - $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritania/uruguay | CC BY

GDP per capita in Mauritania vs Uruguay by year

Mauritania
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritania Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,110 $7,369 $23,907 $36,418
2023 $2,136 $6,966 $23,019 $34,471
2022 $1,960 $6,485 $20,819 $33,001
2021 $1,948 $5,837 $17,882 $29,432
2020 $1,796 $5,741 $15,758 $25,725
2019 $1,767 $5,610 $18,316 $25,783
2018 $1,723 $5,429 $19,250 $24,386
2017 $1,615 $5,353 $19,185 $23,607
2016 $1,566 $4,683 $17,010 $22,841
2015 $1,555 $3,978 $17,126 $22,169
2014 $1,713 $3,865 $18,322 $21,868
2013 $1,934 $3,831 $18,335 $20,661
2012 $1,859 $3,465 $16,260 $19,495
2011 $1,931 $3,271 $15,132 $19,135
2010 $1,660 $3,178 $12,641 $17,873
2009 $1,435 $3,159 $9,881 $16,422
2008 $1,636 $3,236 $9,424 $15,694
2007 $1,405 $3,278 $7,222 $14,397
2006 $1,301 $3,342 $6,001 $13,179
2005 $999 $2,809 $5,284 $12,296
2004 $824 $2,570 $4,169 $11,103
2003 $732 $2,447 $3,671 $10,303
2002 $649 $2,296 $4,150 $10,030
2001 $652 $2,280 $6,383 $10,719
2000 $681 $2,304 $6,988 $10,929
1999 $781 $2,411 $7,371 $10,938
1998 $821 $2,355 $7,837 $11,002
1997 $859 $2,325 $7,436 $10,461
1996 $904 $2,436 $6,398 $9,524
1995 $905 $2,306 $6,050 $8,906
1994 $865 $2,114 $5,508 $8,897
1993 $850 $2,209 $4,753 $8,162
1992 $1,036 $2,122 $4,102 $7,808
1991 $1,062 $2,116 $3,589 $7,112
1990 $772 $2,070 $2,995 $6,683
1989 $762 - $2,734 -
1988 $762 - $2,677 -
1987 $746 - $2,416 -
1986 $677 - $1,939 -
1985 $593 - $1,568 -
1984 $650 - $1,615 -
1983 $725 - $1,707 -
1982 $710 - $3,085 -
1981 $729 - $3,728 -
1980 $711 - $3,443 -
1979 $664 - $2,443 -
1978 $578 - $1,678 -
1977 $590 - $1,414 -
1976 $589 - $1,268 -
1975 $551 - $1,232 -
1974 $494 - $1,433 -
1973 $410 - $1,397 -
1972 $335 - $776 -
1971 $296 - $1,000 -
1970 $281.3 - $766 -
1969 $276.6 - $723 -
1968 $301 - $579 -
1967 $281.5 - $585 -
1966 $273.6 - $668 -
1965 $270 - $705 -
1964 $244.3 - $745 -
1963 $188.2 - $587 -
1962 $189 - $659 -
1961 $188.2 - $604 -
1960 - - $491 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritania/uruguay | CC BY

Mauritania's GDP per capita is $2,110, ranking 156/197, compared to $23,907 in Uruguay, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Mauritania ranks 147th at $7,369, while Uruguay ranks 61st at $36,418.

Economic indicators

Mauritania Uruguay
Gross domestic product
$10.9B
2024
$81B
2024
GDP rank
153/197
2024
81/197
2024
GDP growth
6.31%
2023-2024
3.11%
2023-2024
GDP per capita
$2,110
2024
$23,907
2024
GDP per capita rank
156/197
2024
52/197
2024
GDP per capita, PPP
$7,369
2024
$36,418
2024
GDP per capita PPP rank
147/197
2024
61/197
2024
Government debt
$4.67B
2024
$55.6B
2024
Debt-to-GDP ratio
42.8%
2024
68.7%
2024
Government debt per person
$904
2024
$16,421
2024
Government debt per person rank
145/185
2024
38/185
2024
Average annual personal income after taxes
$2,078
2026
$12,433
2026
Market capitalization of domestic companies n/a
$284M
1996
Income share by richest 10%
24.6%
2019
30%
2024
Income share by poorest 10%
3.1%
2019
2.2%
2024
Government expenditure, % of GDP
23.6%
2024
31.1%
2024
Consumer prices inflation
2.49%
2023-2024
4.85%
2023-2024
Central bank interest rate n/a
8.25%
2025
Unemployment rate
10.4%
2019
8.21%
2024
Population
5505206
3382789

Spending and national debt comparison by year

Mauritania
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Mauritania Uruguay
Government spending Government debt Government spending Government debt
2024 23.6% 42.8% 31.1% 68.7%
2023 24.8% 47.1% 30.5% 64%
2022 28.7% 50.5% 30% 59.9%
2021 20.8% 54.5% 30.2% 64.1%
2020 18.5% 56.5% 32.8% 68.2%
2019 17.8% 57.7% 30.6% 59.6%
2018 19% 59.2% 30.3% 57.9%
2017 20.3% 55.7% 29.7% 55.8%
2016 20.8% 57.6% 29.7% 56.4%
2015 25.7% 59.9% 28.4% 57.8%
2014 23.9% 49.5% 29.1% 51.1%
2013 20.1% 40.7% 28.8% 50%
2012 21.5% 39.3% 27.7% 49.8%
2011 17% 38.8% 26.3% 41.3%
2010 17.3% 43.9% 27.4% 40.9%
2009 19.6% 54.3% 27.2% 46.2%
2008 19.8% 57.2% 26.3% 46.2%
2007 19.7% 61.5% 26.8% 52.8%
2006 19% 38% 26.8% 61.1%
2005 21.3% 71.1% 26.3% 66.2%
2004 23.9% 22% 26.6% 73.7%
2003 - 22.9% 27.7% 91.9%
2002 - 59.5% 27.6% 90.1%
2001 - 63.5% 27.8% 39.4%
2000 - 55.5% 26.6% 30.5%
1999 - - 27.2% 24.1%
1998 - - 27.3% 19.4%
1997 - - 27.6% 18.8%
1996 - - 26.5% 18.3%
1995 - - 26.2% 18.5%
1994 - - 29.5% 19.3%
1993 - - 27.7% 20%
1992 - - 23.6% 22.2%
1991 - - 22.2% 20.4%
1990 - - 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1999–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

GeoRank.org/economy/mauritania/uruguay | CC BY

In 2024, Mauritania's government spending was $2.57B, accounting for 23.6% of its GDP, while Uruguay spent $25.2B, or 31.1% of GDP.

Debt-to-GDP ratio is 42.8% in Mauritania and 68.7% in Uruguay, ranking 126/185 and 59/185, respectively.

Government deficit by year

Deficit/surplus
Mauritania

Uruguay
1x
Year Deficit/surplus, % of GDP
Mauritania Uruguay
2024 -1.35% -3.22%
2023 -2.45% -3.13%
2022 -3.09% -2.52%
2021 2.6% -2.61%
2020 2.78% -4.64%
2019 2.65% -2.71%
2018 3.23% -1.89%
2017 0.53% -2.51%
2016 0.13% -2.68%
2015 -2.44% -1.86%
2014 -2.64% -2.6%
2013 -0.66% -1.72%
2012 1.67% -2.17%
2011 0.07% -0.33%
2010 -0.45% -0.39%
2009 -3.59% -1.39%
2008 -3.32% -1.31%
2007 -1.38% -0.16%
2006 2.05% -0.64%
2005 -3.16% -0.28%
2004 -3.06% -0.87%
2003 - -2.19%
2002 - -3.19%
2001 - -2.85%
2000 - -2.76%
1999 - -2.76%
1998 - -0.76%
1997 - -0.97%
1996 - -1.32%
1995 - -1.08%
1994 - -2.37%
1993 - -0.47%
1992 - 0.6%
1991 - 0.88%
1990 - 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1999–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20).

GeoRank.org/economy/mauritania/uruguay | CC BY

In 2024, Mauritania's government deficit, the difference between spending and revenue, was $148M, equivalent to 1.35% of GDP. This compares to Uruguay's deficit of $2.6B, or 3.22% of GDP.

Over the past 21 years, Mauritania recorded a fiscal deficit in 12 of those years, while Uruguay ran a deficit in 21 years. On average, Mauritania posted an annual deficit equal to 0.57% of GDP, compared to deficit of 1.89% of GDP for Uruguay.

Inflation comparison by year

Inflation
Mauritania

Uruguay
1x
Year Consumer prices inflation
Mauritania Uruguay
2024 2.49% 4.85%
2023 4.95% 5.87%
2022 9.53% 9.1%
2021 3.57% 7.75%
2020 2.39% 9.76%
2019 2.3% 7.88%
2018 3.07% 7.61%
2017 2.25% 6.22%
2016 1.47% 9.64%
2015 3.25% 8.67%
2014 3.53% 8.88%
2013 4.13% 8.58%
2012 4.9% 8.1%
2011 5.69% 8.09%
2010 6.28% 6.7%
2009 2.22% 7.06%
2008 7.35% 7.88%
2007 7.25% 8.11%
2006 6.24% 6.4%
2005 12.1% 4.7%
2004 10.4% 9.16%
2003 5.15% 19.4%
2002 3.9% 14%
2001 4.71% 4.36%
2000 3.25% 4.76%
1999 4.07% 5.66%
1998 8.03% 10.8%
1997 4.63% 19.8%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritania/uruguay | CC BY

Over the past 28 years, Mauritania has recorded an average annual inflation rate of 4.97%, compared with 8.56% in Uruguay. In 2024, inflation was 2.49% in Mauritania and 4.85% in Uruguay.

Top exports between countries

Mauritania
Export category Export value
Uruguay
Export category Export value
Animal & marine products $16.6M
Raw agricultural goods $7.25M
Chemicals & pharma $132K
Processed food, beverages & tobacco $19K
Wood & paper products $4K

Balance of trade

Mauritania Uruguay
Current account balance
-$1.04B
2024
-$633M
2024
Current account balance ranking
124/190
2024
111/190
2024
Current account balance, % of GDP
-9.53%
2024
-0.78%
2024
Goods imports
$4.32B
2024
$13B
2024
Goods exports
$3.83B
2024
$16.3B
2024
Service imports
$1.05B
2024
$6.22B
2024
Service exports
$230M
2024
$7.1B
2024
Imports of goods and services, % of GDP
52.2%
2024
23.7%
2024
Exports of goods and services, % of GDP
41.4%
2024
28.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Mauritania Uruguay
Economic freedom 53.9 69.8
Economic freedom ranking 136/197 39/197
Property rights 32.6 87.4
Government integrity 24.5 79
Judicial effectiveness 26.4 80.9
Tax burden 75.5 73.3
Government spending 80.2 72
Fiscal health 87.9 76.6
Business freedom 38.7 83.8
Labor freedom 53.6 61.7
Monetary freedom 77.8 70.2
Trade freedom 59.6 73.2
Investment freedom 50 50
Financial freedom 40 30

Economic freedom comparison by year

Mauritania
Uruguay
1x
Year Economic freedom index
Mauritania Uruguay
2026 53.9 69.8
2025 54.9 70.2
2024 55.3 69.8
2023 55.3 70.2
2022 55.3 70
2021 56.1 69.3
2020 55.3 69.1
2019 55.7 68.6
2018 54 69.2
2017 54.4 69.7
2016 54.8 68.8
2015 53.3 68.6
2014 53.2 69.3
2013 52.3 69.7
2012 53 69.9
2011 52.1 70
2010 52 69.8
2009 53.9 69.1
2008 55.2 67.9
2007 53.6 68.4
2006 55.7 65.3
2005 59.4 66.9
2004 61.8 66.7
2003 59 69.8
2002 52.5 68.7
2001 48.5 70.7
2000 46 69.3
1999 42.8 68.5
1998 43.7 68.6
1997 47 67.5
1996 45.5 63.7
1995 - 62.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/mauritania/uruguay | CC BY

The Economic Freedom Index for Mauritania is 53.9, ranking 136/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritania Uruguay
Services, % of GDP
42.4%
2024
65.3%
2024
Industry, % of GDP
30.5%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
19.3%
2024
6.42%
2024
GNI, Atlas method
$11B
2024
$73.3B
2024
GNI per capita, PPP
$7,300
2024
$34,170
2024
Total reserves including gold
$2.04B
2021
$17.4B
2024
Total reserves ranking
126/177
2021
66/177
2024
Net foreign direct investment
-$1.44B
2024
$2.58B
2024
Net inflows of foreign direct investment
$1.44B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$3.9M
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
3.82%
2024
n/a
Poverty at national poverty lines
31.8%
2019
17.3%
2024
Gross capital formation, % of GDP
43.1%
2024
15.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/mauritania/uruguay | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1999–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.